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4E: Trade tensions ease, US stock and crypto market gains continue

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2025-04-24 03:10:26
On April 24th, according to 4E monitoring, the expected easing of the trade war boosted market sentiment. US stocks opened higher on Wednesday. At the end of the morning, the US Treasury Secretary said that it may take two or three years for the two major economies to reach a comprehensive trade agreement. Trump will not unilaterally reduce tariffs. The rally in US stocks was suppressed and more than half of the gains were given back. By the end of the day, the S & P 500 rose 1.67%, the Dow rose 1.07%, and the Nasdaq rose 2.5%. Technology stocks led the gains, with Tesla and Intel rising more than 5%.
The crypto market has slowed down. Bitcoin fell slightly after reaching a maximum of $94,696 yesterday. It was reported at $93,576 before the deadline, an increase of 0.64% in the day. The market value is 1.86 trillion US dollars, and it once again ranks as the eighth largest asset in the world. Bitcoin spot ETFs have net inflows for four consecutive trading days. Most other mainstream tokens have risen, and Ethereum is striving to stand at $1,800. TRUMP Coin was stimulated by the news that Top25 holders can have dinner with Trump and soared by more than 40%.
Tariff policy news continues to roil the global financial marekt, and any small progress triggers sharp fluctuations. Market movements are divorced from fundamental logic, and policy uncertainty disrupts traditional signals. Although US stocks rose for two consecutive days, market sentiment did not really improve.
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